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Hindustan Construction Company Ltd:

Hindustan Construction Company (HCC), the infrastructure developer, will be in focus after it posted a 4% decline in standalone net profit at Rs 209 million for the quarter ended March 31, 2017. The company had reported net profit of Rs 218.1 million in the year-ago period.

HDFC Ltd:

The largest home loan provider will be in focus it said standalone profit during Jan-Mar quarter fell 21.6% to Rs 20.44 billion compared with Rs 26.07 billion in same quarter last fiscal.

IIFL Holdings Ltd:

IIFL Holdings, the non-banking finance company, will be in focus after it reported a 57% rise in consolidated net profit to Rs 2.35 billion in the fourth quarter ended March 2017. The net profit was at Rs 1.50 billion during same period of 2015-16 fiscal.

Indian Bank:

The state-run lender will be in focus after it reduced the base lending rate by 0.20% to 9.45%. The new base rate will come to effect from next week.

Jubilant Life Sciences Ltd:

The drug maker announced that Jubilant Pharma, a material wholly owned subsidiary of the company, through one of its wholly owned subsidiaries, signed an Asset Purchase Agreement with Triad Isotopes Inc. and its parent, Isotope Holdings, Inc. (Triad) to acquire substantially all of the assets which comprise the radio pharmacy business of Triad. The closing of the transaction is subject to customary closing conditions, including contract, regulatory and other approvals.

L&T Finance Ltd:

The financing arm of Larsen & Toubro Ltd., the engineering and construction service provider, will be in focus after it reported a 33% rise in net profit for the March quarter at Rs 3.16 billion on higher loan growth and better asset quality following its decision to exit non-core businesses earlier in the year.

MCX Ltd:

Leading commodity bourse will be in focus after it posted a 10.43% jump in its consolidated net profit at Rs 1.27 billion for the fiscal ended March 31, on higher income. The net profit stood at Rs 1.15 billion in the previous fiscal, the company said in a statement to exchanges.

MRF Ltd:

The tyre maker will be in focus after its consolidated net profit surged 32.2% to Rs 2.87 billion in fiscal fourth-quarter on revenue of Rs 33.38 billion.

Praj Industries Ltd:

Provider of innovative solutions for beverage alcohol and bioethanol plant, brewery, water & wastewater treatment plant, will be in focus as it all set to unveil India's first integrated bio-refinery for renewable fuels & chemicals.

REI Agro Ltd:

The agri-service company will be in focus after CBI on Thursday arrested the chairman of REI Agro along with a promoter of the company in connection with an alleged bank loan fraud of Rs 38.71 billion.

Strides Shasun Ltd:

The drug maker will be in focus after it sold probiotic business and exited African Generics manufacturing business. The move was aimed at achieving a sharper focus for core B2C business.

Tata Communications Ltd:

The Tata Group company will be in focus after it reported a loss of Rs 2.09 billion for the fourth quarter ended March 31, 2017. The gross revenue for the same quarter stood at Rs 43.00 billion.

Wipro Ltd:

Wipro Ltd., the third largest software service exporter, will be in focus after it joined Enterprise Ethereum Alliance (EEA) as a founding member. EEA is a collaboration of enterprises to promote, develop and implement enterprise grade Ethereum based blockchain applications across industries for specific b
specific business use cases.

Wockhardt Ltd:

The drug maker, will be in focus after it reported widening of its consolidated net loss to Rs 1.75 billion during the fourth quarter ended March 31, mainly on account of Brexit and subdued business in the US, UK markets.

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